$106m in Loans for Airlines as Covid Bailout

All Iranian airlines except for four that have yet to complete their loan reception process have taken out a total of 25,440 billion rials ($106 million) in government loans under Covid-19 relief assistance, Mehr News Agency reported citing Minister of Roads and Urban Development Mohammad Eslami as saying. 
According to Maqsoud Asadi-Samani, the secretary of the Association of Iranian Airlines, Iranian airlines are estimated to have suffered an aggregate of 40 trillion rials (over $166 million) in lost revenues since the outbreak of Covid-19 pandemic to April 19, 2020. 
Since then monthly losses worth 10 billion rials (over $41,600) have been inflicted on them due to flight cancellations, he said.